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1631 Charles Avenue
Saint Paul, MN 55104

$1,225,000

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Listing Details

  • $1,225,000
  • MLS# 6739015
  • Type Commercial - Business
  • Status Active
  • 0.173 acres
    Lot Size
  • 1940
    Year Built
  • St. Paul
    Local Schools

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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Home Value Estimate


Description

Charles Place apartments presents a unique value-add investment opportunity right in the heart of Saint Paul within walking distance to the newly built Allianz Stadium where the MN United soccer team plays! This whole Merriam Park neighborhood currently is in an opportunity zone and is getting transformed into a trendy and upscale destination. Take advantage of this opportunity to acquire 15 units, all-brick exterior, built in 1940 with original oak hardwood flooring and original doors and plaster coved ceilings. A newer Lochinvar Knight hot water boiler system was installed in 2012 and newer water heaters in 2010. The whole building received...read more

Features

  • Appliances: Range, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Boiler, Hot Water
  • Stories: 3.0
  • Taxes: $24,792
  • Water: City Water/Connected
  • Year Built: 1940

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